10 °c
London
Friday, April 16, 2021
No Result
View All Result
FurtherAsia FurtherArabia FurtherBrazil FurtherRussia
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Angola Investment Bank opens doors to national coffee growers

FurtherAfrica by FurtherAfrica
July 9, 2018
in Africa, Agriculture, Angola, Banking, Farming
Reading Time: 1 min read
1
Angola yields 7,000 tons of coffee/year
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

The Banco Angolano de Investmento (BAI) bank is available to support domestic coffee producers to increase their production capacity, within the framework of existing subsidized lines, such as Angola Investe.

The fact was announced on Friday night in Luanda by BAI’s director of small and medium-sized enterprises (SMEs), Jorge Lutuima Silva, who was speaking to the press on the sidelines of the 63rd edition of First Friday Club, promoted by the USA-Angola Chamber of Commerce (USSAC), which addressed the theme “the coffee sector: opportunities and proposals for the relaunch”.

Without advancing the figures available, he said that the line is limited, ensuring that there is still sufficient funding to support domestic coffee producers.

Only with the “Angola Investe” program, BAI has supported 51 projects, two of which are in the coffee sector, which are being implemented in the provinces of Cuanza Sul and Cuanza Norte.

He explained that BAI, with great caution, has been supporting national production for two years, especially projects that are economically viable, with companies that show a great capacity for management.

According to the BAI document which Angop had access, the maximum credit limits for micro enterprises is equivalent in kwanzas to USD 200,000, for small companies, USD 1.5 million for medium companies up to five million dollars.

Source: Angop

Related

Tags: AngolaAngola Investment BankBAIBanco Angolano de InvestmentoCoffeeCuanza NorteCuanza Suldomestic coffee producersFeatureJorge Lutuima SilvaSMEUSA-Angola Chamber of CommerceUSSACанголаأنغولاアンゴラ安哥拉
ScanSendShare320Tweet200Share56Pin72Send
Previous Post

ZESCO to clear Mozambique’s US$53M power debt

Next Post

Angola’s National Bank cancels authorisation granted to Ecobank Transnational

FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Water

Zimbabwe to export water to South Africa

by Staff
April 16, 2021
Conference Access to Africa coming to Dakar, Senegal
Conference

Conference Access to Africa coming to Dakar, Senegal

by FurtherAfrica
April 16, 2021
Soon, Africa’s largest utility will not own any power lines
Energy

Tanzania rural electrification project continues to make progress

by Staff
April 16, 2021
Economy

Mozambique: ‘Valuation of the metical only useful if reflected on the economy’

by FurtherAfrica
April 16, 2021
East Africa Oil Pipeline construction date still unknown
Pipeline

East Africa Oil Pipeline construction date still unknown

by Taarifa Rwanda
April 16, 2021
Next Post
Bank of Angola provides US$500M for auctions in August

Angola’s National Bank cancels authorisation granted to Ecobank Transnational

Mozambique’s Rovuma LNG Phase 1 development plan submitted

Mozambique’s Rovuma LNG Phase 1 development plan submitted

Only 10 out of 2000 Tanzanian companies pay mining taxes

Ghana to introduce new tax measures in its midyear budget

Comments 1

  1. Avatar nagstrong12 says:
    3 years ago

    Useful post?

    Reply

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

2021 AFSIC
2022 Indaba Mining

FurtherAfrica Partners

The Exchange Club of Mozambique Taarifa Rwanda
CrudeMix Africa TechGist Africa Farmers Review Africa
Botswana unplugged Financial Insights Zambia Africa Oil & Power
Harambee Africa Novafrica  

Subscribe to FurtherAfrica

Enter your email address to receive notifications of new articles on your email.

Join 73,051 other subscribers.

FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About

© 2021 FurtherMarkets

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?